The crisis is now as much economic as it is health-related. We are in uncharted waters, Coronavirus and the subsequent market uncertainties have resulted in various insolvency changes – and extremely challenging business conditions. Even now that the COVID -19 pandemic is under control, we will most likely suffer from an economic hangover that will … Continue reading 5 Strategies to Protect Your Debtors’ Ledger In Economic Uncertainty
A medium sized company in the dairy industry wants to explore better growth opportunities overseas. Asia in general and China in specific are of interest, due to the high demand of Australian produce, which is renowned to be clean, healthy and safe (think of the infant milk powder scandal in China). With no knowledge of … Continue reading EXPLORING OPPORTUNITITIES IN ASIA
How the Hanjin Crisis unfolded: At the time of bankruptcy filing on August 30., Hanjin Shipping had about 80 ships at sea with at least 500,000 containers on board. In total, Hanjiin owed around 6.03 trillion won (US$ 5.3 billion) to arrange of secured and unsecured debtors. As overcapacity in large vessels depressed freight rates … Continue reading HOW THE HANJIN CRISIS IS EFFECTING ALL OF US
CYBERSECURITY is one of the leading risks for businesses in Australia with estimated costs to the Australian economy of more than $3 billion a year. CYBERSECURITY IS NOT JUST A ‘TECHNICAL ISSUE’, BUT A ‘BUSINESS ISSUE’ AS A CYBER ATTACK COULD POTENTIALLY LEAD TO A BRAND AND REPUTATIONAL ISSUE WITH EFFECTS ON THE BOTTOM LINE. … Continue reading CYBERSECURITY NOW. LOST DATA – LOST TRUST.